Current Vulnerability Due to Certain Concentrations (Tables)

12 Months Ended

Dec. 31, 2012

Current Vulnerability Due to Certain Concentrations Abstract

Current Vulnerability Due to Certain Concentrations

The Company maintains cash and cash equivalents and short-term investments with various major financial institutions.  The Company is exposed to credit risk related to the potential inability to access liquidity in financial institutions where its cash and cash equivalents and short-term investments are concentrated.  As of December 31, 2012, the following financial institutions held over 10% of the Company's combined cash and cash equivalents and short-term investments balance:

UniCredit*	20.8	%
HSBC*	15.9	%
Bank Leumi*	13.3	%
Bank Hapoalim*	12.6	%
KBC*	12.6	%

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*Participant in Credit Facility

The Company has operations outside the United States, and approximately 74% of revenues earned during 2012 were derived from sales to customers outside the United States.  Additionally, as of December 31, 2012, $974,323 of the Company's cash and cash equivalents and short-term investments were held in countries outside of the United States.  Some of the Company's products are produced and cash and cash equivalents and short-term investments are held in countries which are subject to risks of political, economic, and military instability. This instability could result in wars, riots, nationalization of industry, currency fluctuations, and labor unrest. These conditions could have an adverse impact on the Company's ability to operate in these regions and, depending on the extent and severity of these conditions, could materially and adversely affect the Company's overall financial condition, operating results, and ability to access its liquidity when needed.  As of December 31, 2012 the Company's cash and cash equivalents and short-term investments were concentrated in the following countries:

Germany	37.9	%
Israel	26.0	%
Singapore	9.5	%
People's Republic of China	7.8	%
United States	1.8	%
Other Asia	9.3	%
Other Europe	7.1	%
Other	0.6	%